An analysis of remuneration disclosures made by top listed companies forming part of the blue-chip index Sensex -under directions of the capital markets regulator Sebi -shows that the pay packages of senior-most personnel such as CEOs and executive chairmen continue to remain high and rose further at most private sector firms during 2016-17.

Honda Motorcycle & Scooter India has upstaged Bajaj Auto to become the No 2 bikes-maker in April, which has also pushed it within a striking distance of overtaking market leader Hero as the largest twowheeler maker.

German carmaker Volkswagen today hit out at Bajaj Auto for putting out "misleading" information regarding Global NCAP safety rating for its premium hatch Polo saying the statement issued by the two-wheeler major is "incorrect and without merit".

The company, which unveiled its new bike V today, is skipping this year's Auto Expo citing high costs. The expo, which will be held between February 5-9 at Greater Noida, is expected to witness 80 new launches.